XAI launches Staking Pool V2 — What is the biggest pump hook in the ecosystem?
XAI Game is a layer 3 project that was listed on Binance right after the TGE project. This is also the first project that introduced a new node selling mechanism on the market and was quickly applied by many other blockchain projects. selling my nodes. So what’s new in the recent XAI game? Let’s find out below.
XAI launches pool staking mechanism
After launching the staking mechanism for nodes in its first version, XAI also introduced a new form of staking for node runners with reward rates divided into 5 levels:
- Broze: 0 esXAI — 1x reward rate
- Silver: 1.00 esXAI — 1.25x reward rate
- Gold: 10,000 esXAI — 1.5x reward rate
- Platinum: 100,000 esXAI — 1.75x reward ratio
- Diamond: 1,000,000 esXAI — 2x reward rate
If you stake your tokens in a pool with a higher level, the reward rate will be greater, but the reward rate will also depend on the undivided rate based on the pools you participate in. There will be 3 indicators you need to understand when staking esXAI:
- Owner: Percentage divided by the pool creator
- Keys: The percentage divided by the person who staked the NFT Key node into the pool
- esXAI: Percentage divided by those who stake $esXAI into the pool
For people who are holding NFT Key nodes, they should join pools with as high a percentage share for Keys as possible. On the contrary, for people who only stake $esXAI, they should choose a pool with a percentage share for those who stake $. esXAI highest.
Currently, the ROI of staking NFT Node is quite high at about 50 $esXAI/day, so those who are running solo with less than 5 nodes should join the pool to have an advantage. According to my estimates, each month you can earn 2000–3000 $esXAI.
This is a fairly new mechanism for staking NFTs and tokens with many benefits for the development of XAI Game’s ecosystem, typically including:
- Lock the number of $XAI tokens circulating in the market: to be able to participate in staking, users will need to stake $XAI to redeem $esXAI to be able to participate in the Pools. On the contrary, to Redeem from $esXAi to create $XAI, it takes time to unlock with different milestones and at most it will take 180 days to claim.
- Opens up a new mechanism to help projects built on XAI attract users: new projects built on XAI can use the pool mechanism to attract holders of NFT and $XAI to join the pool thereby helping the project develop in the future. Operating with a pool will also bring a small profit to the pool creator, so this is considered a profit for projects.
- Creating upward price momentum: With the reduced circulating supply and the increasing number of projects appearing on XAI, it will help create greater momentum for the project’s token to increase in price.
Projects integrated into XAI Game
After the mainet project launched the XAI chain, the project received a lot of attention as well as the migration of other projects to the XAI platform. Some famous game projects about to be launched on XAI include:
- Crypto Unicorns: it is expected that the project’s $RBW token will be changed to $CU and launched on the XAI chain, not only that, the $CU token will also be airdropped for XAI NFT Key node holders. This is also a move that shows the attractiveness of participating in holding NFTs and transporting nodes of XAI game.
- The Lost Glitches: this is a new turn-based card battle game project launched on XAI Chain.
Camelot: this is the top 1 Dex platform on Arbitrum with the largest transaction volume on this ecosystem, the project has been integrated into Xai Chain.
Above is not all the information about this project, Wanna know more about this trend? Read at Theblock101.com!
Disclaimer: This article is for informational purposes only, not financial advice. Join the Bigcoinchat chat group to update the latest information about the market.
